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How can those 20% earn you something?
6 ответов
11 просмотров
20% down as collateral to borrow the money for the house. Different to a normal deposit
![DuMonT 🇸🇰 Ontology [I WILL ❗NEVER❗ PM/DM/CALL YOU!]-](https://image.telq.org/user_avatar_597203070_2564967655177037752_mini.jpeg){kind=avatar}
DuMonT 🇸🇰 Ontology [I WILL ❗NEVER❗ PM/DM/CALL YOU!]
Автор вопроса
Geoff Richards
20% down as collateral to borrow the money for the...
20% down as collateral to borrow the money for the...
Ah i see, so you want to borrow 100k, so you give that institution 20k and they give you 100k? While those 20k earns you something?
DuMonT 🇸🇰 Ontology [I WILL ❗NEVER❗ PM/DM/CALL YOU!]
Автор вопроса
Geoff Richards
That's my understanding
That's my understanding
I do not see benefit on the side of the borrower
DuMonT 🇸🇰 Ontology [I WILL ❗NEVER❗ PM/DM/CALL YOU!]
I do not see benefit on the side of the borrower
I do not see benefit on the side of the borrower
I may not fully understand the full process though.
DuMonT 🇸🇰 Ontology [I WILL ❗NEVER❗ PM/DM/CALL YOU!]
Автор вопроса
Geoff Richards
I may not fully understand the full process though...
I may not fully understand the full process though...
Yeah there must be something more
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